BusinessG20 Trade Chiefs Split on Tackling Excess Industrial Capacity
At the G20 Trade Ministers’ Meeting in Milwaukee, members condemned food trade coercion but remained divided on addressing excess industrial capacity and forced labour in global supply chains. US Trade Representative Jamieson Greer noted broad agreement that excess capacity is a problem, but no consensus on joint action. The US has imposed unilateral tariffs to protect its industries, citing inadequate existing trade remedies.
Firstpost Business··Milwaukee

